Jim Cramer Recently Looked Into These 8 Stocks

5. AppFolio, Inc. (NASDAQ:APPF)

Number of Hedge Fund Holders: 37

Cramer praised AppFolio, Inc. (NASDAQ:APPF) and highlighted that the stock is inexpensive.

“Right, right, right. It’s actually a cheap stock. It’s a cheap stock. It’s a good one. I typically find enterprise software is too expensive. That one rocks, you’re onto something.”

AppFolio (NASDAQ:APPF) offers cloud-based business management solutions for the real estate industry, including platforms for property management, leasing, maintenance, accounting, and investment management, with various service tiers to meet different operational needs. On January 30, the company released its earnings report for the full year 2024, showing significant growth in its financial performance.

The report revealed a 28% revenue growth to $794 million while the GAAP operating income reached $136 million. The company also saw a rise in cash flow, with net cash from operations at $188 million.